Monroe Capital Corp (MRCC, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $15.25 million, and the earnings are expected to come in at $0.29 per share. The full year 2024's revenue is expected to be $61.11 million and the earnings are expected to be $0.88 per share. More detailed estimate data can be found on the Forecast page.
Monroe Capital Corp (MRCC, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Monroe Capital Corp (MRCC) for the full year 2024 have decreased from $61.16 million to $61.11 million, and for 2025, estimates have been revised downward from $60.1 million to $58.14 million. Earnings estimates for 2024 have remained stable at $0.88 per share, while for 2025, they have been adjusted from $1.04 per share to $1.02 per share.
Monroe Capital Corp (MRCC, Financial) Reported History
In the previous quarter of 2024-06-30, Monroe Capital Corp's (MRCC) actual revenue was $15.63 million, which beat analysts' revenue expectations of $15.22 million by 2.67%. Monroe Capital Corp's (MRCC) actual earnings were $0.15 per share, which missed analysts' earnings expectations of $0.253 per share by -40.71%. After releasing the results, Monroe Capital Corp (MRCC) was up by 1.54% in one day.
Monroe Capital Corp (MRCC, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Monroe Capital Corp (MRCC) is $8.13 with a high estimate of $9 and a low estimate of $7.25. The average target implies an upside of 0.68% from the current price of $8.07.
Based on GuruFocus estimates, the estimated GF Value for Monroe Capital Corp (MRCC, Financial) in one year is $9.83, suggesting an upside of 21.81% from the current price of $8.07.
Based on the consensus recommendation from 5 brokerage firms, Monroe Capital Corp's (MRCC, Financial) average brokerage recommendation is currently 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
